Samsung Semiconductor factory in Pyeongtaek, South Korea
Reports from South Korea claim that the Samsung Semiconductor Company will produce Qualcomm's upcoming chipset in December, which is expected to carry the model name Snapdragon 875. The Samsung division reportedly offered a better deal than TSMC so it will manufacture the entire batch of processors for next year's flagship smartphones. The deal supposedly cost Qualcomm between US$850 million and US$1 billion. Aside from the earnings from this deal, it also reinforces Samsung Semiconductor's position as the biggest semiconductor manufacturer in the last couple of decades.
Source: GSMArena